Search results
The current price of WTI crude oil as of July 05, 2024 is 84.11 per barrel. Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel.
Crude Oil is expected to trade at 83.56 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 89.27 in 12 months time.
Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.
Jul 13, 2022 · Highlights. Higher prices and a deteriorating economic environment have started to take their toll on oil demand, but strong power generation use and a recovery in China are providing a partial offset. Global oil demand growth has been marginally reduced to 1.7 mb/d in 2022, reaching 99.2 mb/d.
People also ask
How much did crude oil cost in 2022?
Will oil prices rise in 2022?
What are the oil price charts?
How did high oil prices affect gasoline demand in 2022?
Dec 14, 2022 · Highlights. World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.